NGL Energy Partners: Q4 Earnings Insights - NGL Energy Partners (NYSE:NGL)

NGL Energy Partners NGL reported its Q4 earnings results on Wednesday, May 31, 2023 at 04:37 PM.

Here's what investors need to know about the announcement.

NGL Energy Partners missed estimated earnings by 440.0%, reporting an EPS of $-0.51 versus an estimate of $0.15.

Revenue was down $485.00 million from the same period last year.

Last quarter the company beat on EPS by $0.07 which was followed by a 21.64% increase in the share price the next day.

Here's a look at NGL Energy Partners's past performance:

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	0.12	0.09		0.19
EPS Actual	0.19	-0.21	-0.04	-0.43
Revenue Estimate	2.63B	2.64B	1.86B	2.43B
Revenue Actual	2.14B	2.01B	2.50B	2.53B

To track all earnings releases for NGL Energy Partners visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.